Bank Of India Stock

BOI up 3% after reports suggest bank plans to raise additional Rs 5,000 cr

In the last week of November, BOI raised Rs 5,000 crore through a 10-year infrastructure bond issuance at a coupon rate of 7.41 per cent

Stocks to Watch, Dec 4: Swiggy, Adani Group shares, Vedanta, GMR Airports

Stocks to Watch, Dec 4: From Adani Group to Swiggy, here is a list of stocks that will be in spotlight today

Voda Idea, Dabur, YES Bank trade in oversold zone on NSE; key levels here

The 14-day RSI of Voda Idea, Bank of India, Dabur, YES Bank and DMart stands below 30, indicating oversold condition on the daily chart. In case of a pullback, these stocks can bounce back up to 24%.

Pivot points to track on 5 private, PSU bank stocks ahead of RBI policy

SBI, Bank of India, ICICI Bank, HDFC Bank and PSB are seen trading at their respective make-or-break points post the recent stock market fall. Here are the key levels to watch out for.

Stocks To Watch: SBI, Vedanta, HDFC Bank, Piramal Pharma, Bank of India

Stocks to watch: Piramal Pharma aims to double its revenue to $2 billion by FY30, while tripling its Ebitda, said company Chairperson Nandini Piramal.

Nifty PSU Bank index dips below 200-DMA after more than 2 years; what next?

The PSU Bank index had zoomed 200% to a high of 8,053 after breaking above its 200-DMA in July 2022. At present, most PSU Bank stocks, barring SBI, are trading below this long-term moving average.

Bank of India MF launches Business Cycle Fund: Should you invest?

The fund aims to invest dynamically across sectors and companies by utilising emerging market trends and growth themes to optimise returns

PSU Banks in focus: BoB, UBI among 5 stocks trading at key support levels

Shares of Bank of Baroda, Union Bank of India and Indian Bank can potentially rally up to 15% if these support levels are held; check key support and resistance levels for 5 PSU bank stocks here.

Bank of India's Q1 net profit rises 10% to Rs 1,703 cr, NII up 6%

NII was up 6% YoY to Rs 6,275 crore in Q1FY25, compared to Rs 5,915 crore in Q1FY24, aided by robust growth in advances

Nifty PSU Bank index surges 3%; PNB soars 7% on strong Q1 results

PSU Banks in focus post Q1 earnings: PNB, BoI, BoB, Uco Bank and IOB rallied over 3% each. SBI, Canara Bank, Union Bank of India, Indian Bank and Central Bank were up 2-3%.

Bank of India raises Rs 5,000 crore via 10-year infrastructure bonds

SBI has raised Rs 20,000 crore through infra bonds while Canara Bank has raised Rs 10,000 crore

Bank of India plans to raise up to Rs 5,000 crore via infra bonds

BOI's infrastructure loan book stood at Rs 58,860 crore at the end of March 2024

Stocks to watch on June 03: Canara Bank, Coal India, NTPC, Ashoka Buildcon

Stocks to watch on June 03: Coal India reported a 7.5 per cent increase in coal production for May, reaching 64.4 million tonnes year-on-year

PSBs on a roll after RBI doles out Rs 2 trn dividend to govt; index up 2%

At 10:30 am; Nifty PSU Bank index, the top gainer among sectoral indices, was up 2.5%, as compared to 0.42% rise in the Nifty 50, while Nifty Bank and Nifty Private Bank index are up 1%

Shares of Union Bank, Indian Bank, and BoI jump up to 5%: here's why

On an index level, Nifty PSU Bank was the top sectoral performer of the day on NSE jumping 2 per cent at 7,207 levels in intraday trade

State-owned Bank of India tanks over 12% as slippages, credit cost soar

According to reports, the bank's slippages increased to Rs 2,308 crore in Q4FY24 as against Rs 1313 crore in Q3FY24. Sippages denote the amount of fresh loans that have turned into bad loans

Eicher Motors, BoI, Piramal Pharma among seven stocks to track on May 13

Stocks to watch on May 13: Eicher Motors' consolidated profit after tax stood at Rs 1,070 crore for the fourth quarter ended March 2024 (Q4FY24), on the back of higher sales

Stocks to Watch today: Jio Financial, Cipla, Vi, Brigade, Vedanta, Aster DM

Stocks to watch on Tuesday, April 16, 2024: Balrampur Chini, Bandhan Bank, Exide, GNFC, Hind Copper, India Cement, Metropolis, National Aluminium, PEL, SAIL and Zee are the 11 stocks in F&O ban today.

SBI, BoI, IOB: 5 PSU bank stocks that look good on the technical charts

Even as the charts suggests that the Nifty PSU Bank index may exhibit some volatility in the near-term, select shares can potentially rally up to 13 per cent from current levels.

Bank of India Q3 results: Net profit surges 62% to Rs 1,870 crore

State-owned Bank of India (BoI) on Friday posted a 62 per cent jump in net profit to Rs 1,870 crore in the December quarter on account of decline in bad loans. The Mumbai-headquartered bank had earned a net profit of Rs 1,151 crore in the year-ago period. The lenders' total income increased to Rs 16,411 crore during the third quarter of the ongoing fiscal against Rs 14,160 crore a year ago, BoI said in a regulatory filing. The interest income of the bank rose to Rs 15,218 crore as against Rs 12,728 crore in the third quarter of the previous year. Gross Non-Performing Assets (NPAs) of the bank declined to 5.35 per cent of the gross loans by the end of December 2023 from 7.66 per cent a year ago. Similarly, net NPAs, or bad loans, came down to 1.41 per cent from 1.61 per cent at the end of the third quarter. Capital Adequacy Ratio of the bank improved to 16.06 per cent as against 15.60 per cent at the end of December 2022. During the quarter ended December 31, 2023, the bank issue